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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Church-Yonge Corridor. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $648,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Experience the best of downtown living in this exceptionally quiet lower penthouse (LPH) 1+1 suite with parking. *Fully upgraded with a custom built-in closet, blackout roller blinds, matching floor-to-ceiling bathroom tiles and gas stove. *Parking (for your own car or rental income of $250-300/month) and Locker for an extra storage space by the elevator on P2. *Unobstructed city view (118 sqft balcony), surrounded by heritage buildings. *Less than 10-minute walking distance to Union Station, Financial District, TMU, George Brown, Queens Quay bike lanes, St Lawrence Market (2-minute walk to the Saturday Farmers Market), Metro, Loblaws. *Building Amenities: Gym, Pool, Terrace Lounge With BBQs, Indoor Dining Lounge, Office, etc. *Mortgage assumption option available.
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Data-driven valuation for 2A Church Street 2806, Toronto C08, ON M5E 0E1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $648,000 in Toronto, the legal minimum down payment is $39,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,435 also applies, bringing the total estimated land transfer taxes to $18,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.